Kocian, Solc, Balastik has advised J&T on the launch of a bond issuance program for the EMMA Capital investment group. White & Case reportedly advised EMMA Capital.
EMMA Capital invests primarily in the gaming and energy sectors.
According to KSB, the base prospectus for the bond program has already received approval from the Czech National Bank and was duly notified to the National Bank of Slovakia. The inaugural tranche of the program will see the issuance of bonds by Emma Finance CZ and Emma Finance SK, with a combined volume of CZK 2.5 billion and EUR 50 million, respectively. All obligations will be secured by shares in group holding companies based in Cyprus.
The KSB team included Partner Vlastimil Pihera and Senior Lawyer Josef Kriz.